Replying to a question in Lok Sabha, Defence Minister Arun Jaitley said today that, 147 contracts involving over Rs 2 lakh have been signed for procurement of various equipment during the year 2014-15, 2015-16 and 2016-17 (up to February, 2017).
He said the government has taken a slew of measures for military modernisation and to keep the defence forces in a state of readiness to meet operational challenges.